Silver: White metal moving northwards this morning

Posted on June 11, 2013 by GCI Financial

  Silver prices rose 1.09% to the USD21.90 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 21.91, marginally higher from yesterday’s close. Silver is expected to find support at 21.52, … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold gained amid bargain hunting; trading lower this morning

Posted on June 11, 2013 by GCI Financial

  Gold prices traded higher by 0.12% against the USD in the 24 hour period ending 23:00GMT, at 1386.00 per ounce, as investors indulged in bottom fishing. In the Asian session, at GMT0300, Gold is trading at 1385.15, marginally lower … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil gained on demand prospects following upbeat US jobs data; trading lower this morning

Posted on June 10, 2013 by GCI Financial

  On Friday, Crude Oil prices advanced 1.62% against the USD for the period ending 21:00GMT, closing at 96.22, as a better-than-expected rise in US jobs last month raised demand for the fuel. On the other hand, Sudan indicated that … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: Silver slumped amid a strong dollar; trading higher this morning

Posted on June 10, 2013 by GCI Financial

  On Friday, Silver prices declined 4.10% to the USD21.68 per ounce during the period ending 21:00GMT, as the dollar strengthened following a report indicating a rise in jobs in the US last month. In the Asian session, at GMT0300, … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold trading higher in the Asian session

Posted on June 10, 2013 by GCI Financial

  On Friday Gold prices traded lower by 2.07% against the USD in the period ending 21:00GMT, at 1383.05 per ounce, after the US employment sector showed an improvement in May, thereby raising speculation that the Federal Reserve may reduce … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Oil gained on demand prospects after ECB offered a positive outlook

Posted on June 7, 2013 by GCI Financial

  Crude Oil prices advanced 0.93% against the USD for the 24 hour period ending 23:00GMT, closing at 94.69, amid a weak dollar and as the European Central Bank President Mario Draghi painted a greener picture of the Euro-zone’s economy … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal moving upwards this morning

Posted on June 7, 2013 by GCI Financial

  Silver prices rose 0.31% to the USD22.61 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.77, 0.72% higher from yesterday’s close. Silver is expected to find support at 22.43, … Continue reading →

Posted in Silver | Leave a comment

Gold: Weaker dollar boosts yellow metal

Posted on June 7, 2013 by GCI Financial

  Gold prices traded higher by 0.73% against the USD in the 24 hour period ending 23:00GMT, at 1412.25 per ounce, as the greenback weakened after reports showed that US initial jobless claims fell less than expected in the last … Continue reading →

Posted in Gold | Leave a comment

Crude Oil: Crude stockpiles decreased last week, indicates EIA

Posted on June 6, 2013 by GCI Financial

  Crude Oil prices declined marginally against the USD for the 24 hour period ending 23:00GMT, closing at 93.82. Yesterday, the US Energy Information Administration (EIA) reported that US crude-oil supplies slipped 6.3 million barrels for the week ended May … Continue reading →

Posted in Crude Oil | Leave a comment

Silver: White metal continues its previous session losses

Posted on June 6, 2013 by GCI Financial

  Silver prices declined 0.11% to the USD22.54 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 22.51, 0.14% lower from yesterday’s close. Silver is expected to find support at 22.32, … Continue reading →

Posted in Silver | Leave a comment

Gold: Gold advanced as US jobs data disappointed investors; trading lower this morning

Posted on June 6, 2013 by GCI Financial

  Gold prices traded higher by 0.16% against the USD in the 24 hour period ending 23:00GMT, at 1402.01 per ounce, as demand for the safe haven yellow metal increased after a much awaited US private-sector jobs data disappointed investors. … Continue reading →

Posted in Gold | Leave a comment